ACCA launches survey on the future of auditor reporting

Global 26 Sep 2013

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The 'pass or fail auditors' report is dead. Its replacement is currently at the forefront of the profession’s global public interest agenda.

—David York, head of auditing practice,ACCA

ACCA seeking views

Global attitudes to the future of auditor reporting are being sought by ACCA (the Association of Chartered Certified Accountants) with the launch of an online survey.

The global body for professional accountants is urging anyone with an interest in the future of auditor reporting to complete the survey.

The results will be used to help ACCA respond to a consultation by the IAASB (International Auditing and Assurance Standards Board), the global standard setter, which is looking to introduce new standards to enhance auditor reporting

David York, head of auditing practice at ACCA, comments: 'The 'pass or fail auditors' report is dead. Its replacement is currently at the forefront of the profession’s global public interest agenda, so it is important to get the widest possible feedback on proposals. As such, ACCA is also organising events with the Financial Reporting Council, the UK regulator on the 24 October in London and in Brussels on the 26 November, to debate key issues relating to these developments.'

David York explains: 'Our survey is open to anyone to respond, not just ACCA members or students. We would appreciate views from around the world, from businesses large or small, as well as from audit firms. The survey summarises the proposals so that anyone may answer the questions. That’s an incentive to ACCA members to complete it, as it may give Continuing Professional Development (CPD) time and ACCA students will get a valuable insight into this important debate.'

The survey can be completed online, on Android and iPhone and is available at the link shown on the left hand side of this news release. The survey is open until 31 October 2013 and should take 15 minutes to complete.